Nonprofit · EIN 33-0879062
TARSADIA FOUNDATION
Tax-exempt · NEWPORT BEACH, CA 92660
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $5,311,525 | $10,021,493 | -$4,709,968 | $200,957,818 | $7,189,873 | $193,767,945 |
| December 31, 2023 | 990-PF | $5,256,210 | $11,492,770 | -$6,236,560 | $200,860,544 | $10,369,640 | $190,490,904 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $12,000
- Dividends
- $2,255,747
- Interest
- $839,081
- Net gain from sales of assets
- $2,180,147
- Other income
- $24,550
Expenses
- Grants and similar amounts paid
- $8,336,000
- Compensation of officers, directors and key employees
- $515,000
- Salaries, compensation and benefits (total)
- $308,252
- Disbursements for charitable purposes
- $12,696,126
- Excise tax on investment income
- $66,359
Balance sheet and other
- Total assets, start of year
- $200,860,544
- Total assets, end of year
- $200,957,818
- Total liabilities, end of year
- $7,189,873
- Net assets, end of year
- $193,767,945
- Fair market value of assets
- $200,871,964
- Qualifying distributions
- $12,696,126
- Net investment income
- $5,113,399
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAYA PATEL 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | EXECUTIVE CHAIR & CEO | 30 | $309,000 |
| SHIRISH DAYAL 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | TREASURER, SECRETARY & EXECUTIVE VP | 32 | $206,000 |
| KATELYN M FAITH 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | VP, IMPACT & MARKETI Highest-paid employee | 40 | $175,100 |
| SHIVANI TARSADIA 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | IMPACT & MARKETING A Highest-paid employee | 40 | $92,700 |
| BU PATEL 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | DIRECTOR | 12 | $0 |
| TUSHAR PATEL 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | DIRECTOR | 2 | $0 |
| MAYUR PATEL 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | DIRECTOR | 2 | $0 |
990-PF for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MAYA PATEL 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | EXECUTIVE CHAIR & CEO | 30 | $308,654 |
| SHIRISH DAYAL 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | TREASURER, SECRETARY & EXECUTIVE VP | 32 | $205,769 |
| KATELYN M FAITH 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | VP, IMPACT & MARKETI Highest-paid employee | 40 | $174,904 |
| SHIVANI TARSADIA 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | IMPACT & MARKETING A Highest-paid employee | 40 | $92,596 |
| BU PATEL 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | DIRECTOR | 12 | $0 |
| TUSHAR PATEL 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | DIRECTOR | 2 | $0 |
| MAYUR PATEL 520 NEWPORT CENTER DR 21ST FLOOR, NEWPORT BEACH, CA 92660 | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 520NEWPORT CTR DR21ST FL, NEWPORT BEACH, CA 92660-7020
- In care of
- % B U PATEL
- Signed the 990-PF
- SHIRISH DAYAL, TREASURER
- Phone
- (949) 610-8038
- Website
- WWW.TARSADIAFOUNDATION.ORG
- Return prepared by
- SINGERLEWAK LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 33-0879062 or by the name TARSADIA FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 33-0879062
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2000
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $200,957,818
- Income (IRS master file)
- $35,798,688
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $5,311,525 | $10,021,493 | $200,957,818 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $5,256,210 | $11,492,770 | $200,860,544 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 33-0879062).
Questions about TARSADIA FOUNDATION
- What is the EIN of TARSADIA FOUNDATION?
- The employer identification number (EIN) of TARSADIA FOUNDATION is 33-0879062.
- Is TARSADIA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to TARSADIA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does TARSADIA FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TARSADIA FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TARSADIA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of TARSADIA FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 7 people; 4 received compensation from the organization, the highest $309,000 (MAYA PATEL, EXECUTIVE CHAIR & CEO).
- How much revenue does TARSADIA FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,311,525, expenses of $10,021,493 and total assets of $200,957,818 at year end.
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All nonprofits in NEWPORT BEACH · California · Philanthropy, voluntarism and grantmaking foundations